Gifts That Protect Assets

Maintain Benefits of an Asset

Reduce Gift or Estate Tax

Lead Trust

Details:
With a Charitable Lead Trust when you make the gift, the trust pays income to Barnabas first, typically for a term of years. After that, the trust assets are passed back to you or other family members you designate.

Donor Profile:
Charitable Lead Trusts are for donors who want to fund a gift now and transfer tax-advantaged wealth to another generation. Lead Trusts work best when funded over $1,000,000, meaning this gift plan is for wealthy donors.

Donate Your Home and Live In It

Retained Life Estate

Details:
With this gift, you transfer a property deed to Barnabas, and retain the right to use or live in the property for your lifetime. The tax deduction you receive in the year of the transfer is based on your life expectancy and the property’s current value, and you agree to cover expenses and maintenance of the property during your lifetime.

Donor Profile:
Similar to a gift of real estate, a prospect who wants to retain use of their home for their lifetime but does not need or want to include their property in their estate plan will benefit from retained life estates.

Reduce Gift or Estate Tax

Bargain Sale

Details:
You sell your property to Barnabas for an amount less than the fair market value, and you receive a charitable tax deduction equal to the difference between the market value and the sale price. This can sometimes be more financially advantageous to you than selling the property and making an outright charitable gift from the proceeds of the sale.

Donor Profile:
A donor who faces significant capital gains issues and wants to receive a lump sum payment and a tax deduction is the right match for a Charitable Bargain Sale.